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DEC 13

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › DEC 13

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  • May 1, 2018 at 3:08 pm #449666
    Avatarthomas1212
    Member
    • Topics: 45
    • Replies: 16
    • ☆☆

    NUBO CO ( DEC 13 )

    in the answer, maximum debt capacity is 300.6m. I’m not sure how they got this figure as i was not able figure out how they got this number

    May 1, 2018 at 5:28 pm #449706
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    It is the total of the assets remaining in Nubo (201.6M) and the extra cash generated from the sale (99M).

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